Hitler's FREEDOM From Debt Slavery


Hitler's Freedom
from Debt Slavery

It is always difficult to have a discussion on the topic of WWII
Germany and Hitler, without having emotions run high.
And understandably so.

History is written by the victors” — Winston Churchill

An interesting perspective on World War II, and the players

Many people take joy in saying Wall Street and Jewish bankers
“financed Hitler.” There is plenty of documented evidence that
Wall Street and Jewish bankers did indeed help finance Hitler
at first, partly because it allowed the bankers to get rich (as I will
describe below) and partly in order to control Stalin. However,
when Germany broke free from the bankers, the bankers declared
a world war against Germany.

When we look at all the facts, the charge that “Jews financed Hitler”
becomes irrelevant. Los Angeles Attorney Ellen Brown discusses
this topic in her book Web of Debt.

When Hitler came to power, Germany was hopelessly broke.
The Treaty of Versailles had imposed crushing reparations on
the German people, demanding that Germans repay every nation’s
costs of the war. These costs totaled three times the value of all
the property in Germany.

Private currency speculators caused the German mark to plummet,
precipitating one of the worst runaway inflations in modern times.
A wheelbarrow full of 100 billion-mark banknotes could not buy
a loaf of bread. The national treasury was empty. Countless homes
and farms were lost to speculators and to private banks. Germans
lived in hovels. They were starving.

Nothing like this had ever happened before the total destruction
of the national currency, plus the wiping out of people’s savings
and businesses. On top of this came a global depression.. Germany
had no choice but to succumb to debt slavery under international
bankers until 1933, when the National Socialists came to power.

At that point the German government thwarted the international
banking cartels by issuing its own money. World Jewry responded
by declaring a global boycott against Germany.

Hitler began a national credit program by devising a plan of public
works that included flood control, repair of public buildings and
private residences, and construction of new roads, bridges, canals,
and port facilities. All these were paid for with money that no
longer came from the private international bankers.

The projected cost of these various programs was fixed at one
billion units of the national currency. To pay for this, the German
government (not the international bankers) issued bills of exchange,
called Labor Treasury Certificates. In this way the National Socialists
put millions of people to work, and paid them with Treasury

Under the National Socialists, Germany’s money wasn’t backed
by gold (which was owned by the international bankers). It was
essentially a receipt for labor and materials delivered to the

Hitler said, “For every mark issued, we require the equivalent
of a mark’s worth of work done, or goods produced.”

The government paid workers in certificates. Workers spent those
certificates on other goods and services, thus creating more jobs
for more people. In this way the German people climbed out of
the crushing debt imposed on them by the international bankers.

Within two years, the unemployment problem had been solved,
and Germany was back on its feet. It had a solid, stable currency,
with no debt and no inflation, at a time when millions of people
in the United States and other Western countries (controlled by
international bankers) were still out of work.

Within five years, Germany went from being the poorest nation
in Europe to becoming the richest. Germany even managed to
restore foreign trade, despite the international bankers’ denial of
credit and despite the global boycott by Jewish-owned industries.

Germany succeeded in this by exchanging equipment and
commodities directly with other countries, using a barter system
that cut the bankers out of the picture. Germany flourished, since
barter eliminates national debt and trade deficits. (Venezuela
does the same thing today when it trades oil for commodities
plus medical help, and so on. Hence the bankers are trying to
squeeze Venezuela.)

Germany’s economic freedom was short-lived; but it left several
monuments, including the famous Autobahn, the world’s first
extensive superhighway.

Hjalmar Schacht, a Rothschild agent who was temporarily head
of the German central bank, summed it up thus. An American
banker had commented, “Dr. Schacht, you should come to
America. We have lots of money, and that’s real banking.”

Schacht replied, “You should come to Berlin. We don’t have
money. That’s real banking.” (Schacht, the Rothschild agent,
actually supported the private international bankers against
Germany, and was rewarded by having all charges against him
dropped at the Nuremberg trials.)

This economic freedom made Hitler extremely popular with
the German people. Germany was rescued from English
economic theory, which says that all currency must be borrowed
against the gold owned by a private and secretive banking
cartel — such as the Federal Reserve, or the Central Bank of
Europe — rather than issued by the government for the benefit
of the people.

Canadian researcher Dr. Henry Makow (who is Jewish himself)
has admitted that the main reason why the bankers arranged
for a world war against Germany was that Hitler sidestepped
the bankers by creating his own money, thereby freeing the
German people. Worse, this freedom and prosperity threatened
to spread to other nations.. Hitler had to be stopped!
Makow quotes from the 1938 interrogation of C. G. Rakovsky,
one of the [Jewish] founders of Soviet Bolshevism and a Trotsky
intimate. Rakovsky was tried in show trials in the USSR under

According to Rakovsky, Hitler was at first funded by the
international bankers, through the bankers’ agent Hjalmar Schacht.
The bankers financed Hitler in order to control Stalin, who had
usurped power from their agent Trotsky. Then Hitler became
an even bigger threat than Stalin when Hitler started printing his
own money. (Stalin came to power in 1922, which was eleven
years before Hitler came to power.)

Rakovsky said:

“Hitler took over the privilege of manufacturing money, and not only
physical moneys, but also financial ones. He took over the machinery
of forgery and put it to work for the benefit of the people. Can you
possibly imagine what would have come if this had infected a number
of other states?” (Henry Makow, “Hitler Did Not Want War,”
March 21, 2004).

Economist Henry C. K. Liu writes of Germany’s remarkable

The Nazis came to power in 1933 when the German economy was
in total collapse, with ruinous war-reparation obligations and zero
prospects for foreign investment or credit. Through an independent
monetary policy of sovereign credit and a full-employment public-
works program, the Third Reich was able to turn a bankrupt Germany,
stripped of overseas colonies, into the strongest economy in Europe
within four years, even before armament spending began.
(Henry C. K. Liu, “Nazism and the German Economic Miracle,”
Asia Times (May 24, 2005).

In Billions for the Bankers, Debts for the People (1984), Sheldon
Emry commented:

Germany issued debt-free and interest-free money from 1935 on,
which accounts for Germany’s startling rise from the depression to
a world power in five years. The German government financed its
entire operations from 1935 to 1945 without gold, and without debt.
It took the entire Capitalist and Communist world to destroy the
German revolution, and bring Europe back under the heel of the

These facts do not appear in any textbooks today. What does
appear is the disastrous runaway inflation suffered in 1923
by the Weimar Republic, which governed Germany from 1919
to 1933.

Today’s textbooks use this inflation to twist truth into its
opposite. They cite the radical devaluation of the German mark
as an example of what goes wrong when governments print
their own money, rather than borrow it from private cartels.

In reality, the Weimar financial crisis began with the impossible
reparations payments imposed at the Treaty of Versailles.
Hjalmar Schacht [who was never a Nazi Party member either,
and now it appears clear why that was the case] — the Rothschild
agent who was currency commissioner for the Republic —
opposed letting the German government print its own money.

“The Treaty of Versailles is a model of ingenious measures for
the economic destruction of Germany. Germany could not find
any way of holding its head above the water, other than by the
inflationary expedient of printing bank notes.”

Schacht echoes the textbook lie that Weimar inflation was caused
when the German government printed its own money. However,
in his 1967 book The Magic of Money, Schacht let the cat out of
the bag by revealing that it was the PRIVATELY-OWNED Reich
Bank, not the German government, that was pumping new
currency into the economy. Thus, the PRIVATE BANK caused
the Weimar hyper-inflation.

Like the US Federal Reserve, the Reich Bank was overseen
by appointed government officials, but was operated for private
gain. What drove the wartime inflation into hyperinflation was
speculation by foreign investors, who sold the mark short,
betting on its decreasing value. In the manipulative device
known as the short sale, speculators borrow something they
don’t own, sell it, and then “cover” by buying it back at the
lower price.

Speculation in the German mark was made possible because
the PRIVATELY-OWNED Reich Bank (not yet under Nazi
control) made massive amounts of currency available for
borrowing.. This currency, like US currency today, was created
with accounting entries on the bank’s books.

Then the funny-money was lent at compound interest. When
the Reich Bank could not keep up with the voracious demand
for marks, other private banks were allowed to create marks
out of nothing, and to lend them at interest. The result was
runaway debt and inflation.

Thus, according to Schacht himself, the German government
did not cause the Weimar hyperinflation. On the contrary,
the government (under the National Socialists) got hyperinflation
under control.

The National Socialists put the Reich Bank under strict
government regulation, and took prompt corrective measures
to eliminate foreign speculation. One of those measures was
to eliminate easy access to funny-money loans from private
banks. Then Hitler got Germany back on its feet by having
the public government issue Treasury Certificates.

Schacht , the Rothschild agent, disapproved of this government
fiat money, and wound up getting fired as head of the Reich Bank
when he refused to issue it. He did nonetheless acknowledge
in his later memoirs that allowing the government to issue the
money it needed did not produce the price inflation predicted
by classical economic theory, which says that currency must be
borrowed from private cartels.

What causes hyper-inflation is uncontrolled speculation. When
speculation is coupled with debt (owed to private banking
cartels) the result is disaster.

On the other hand, when a government issues currency in
carefully measured ways, it causes supply and demand to
increase together, leaving prices unaffected. Hence there is
no inflation, no debt, no unemployment, and no need for
income taxes.

Naturally this terrifies the bankers, since it eliminates their
powers. It also terrifies the Jew internationalists, and those who serve and obey them, since their control of banking allows them to buy the media, the government, and everything else.

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